You regularly surprise what is the motive of all these items that the government constantly require. It comes under the overall heading of “crimson tape” and it invites corrupt exercise, each signature or facilitation required is an opportunity to extract a chunk of hire, and wherein human beings don’t earn enough to have a respectable existence the temptation need to be outstanding. For sure things flow very slowly absent some shape of outside encouragement, no longer always necessarily a corrupt charge.
There is an Anti Red-Tape Law, RA 9485, but it doesn’t seem to be well enforced or to have an awful lot impact. The cynic should say that this loss of enforcement is a social suitable, it facilitates the redistribution of wealth!
In the Philippines, strict adherence to the procedure is all. Applications for approvals will no longer be commonplace until every “t” is crossed and each “i” is dotted, regardless of the obviousness of the social advantage to be executed.
Finance luck blog 